Russian oil prices have increased by nearly 15% following the outbreak of hostilities between Israel and Iran.

After three years of doom-defying growth, Russia's heavily militarised economy is slowing, facing a widening budget deficit ...

"Yuan at the moment has not become a currency of savings for Russians. If earlier the population was actively saving in ...

This surge in fuel expenses could trigger further hikes in consumer prices as petrol directly impacts the cost of transport, ...

Russia's sanctions-hit economy has been left reeling by falling fossil fuel revenues and a slump in profitability in the country's oil refineries. Figures released by Russia's state statistics agency ...

Iran conflict could open opportunities for Russia to possibly become a power broker to help end the confrontation.

A Russian economist has warned that the country may slide into "stagflation" by the end of the year if its leaders don't take ...

The West, and especially the United States, holds economic levers that could push Vladimir Putin toward serious negotiations ...

Mali began construction of a new Russia-backed gold refinery on Monday, which the West African country's military leader said ...

Russian authorities usually present a united front on policy matters, but high interest rates, hefty budget spending and the ...

The Kananaskis G-7 meeting talks about Trump's pitch to allow China and Russia entry in their group could create internal ...

Russia’s economy has gone through cycles of boom and bust, from its Soviet-era strength to modern-day struggles under ...